Data Protection as a Service (DPaaS) Market Analysis

Based on service type, the data protection as a service (DPaaS) market is bifurcated into disaster recovery as a service (DRaaS), Backend-as-a-service (BaaS) and Storage as a Service (STaaS), out of which, the highest share is estimated to be held by DRaaS segment. This can be attributed to higher demand for this service in the market. The market is segmented on the basis of deployment into public cloud, private cloud and hybrid cloud. Among these segments, the private cloud segment was the largest revenue generating segment in 2019 owing to the sophistication, security and preference of consumers. Additionally, the applications of DPaaS for different functionalities further contributed to the growth of the segment.

Our in-depth analysis of the global market includes the following segments:

By Service Type	Disaster Recovery as a Service Backend-as-a-Service Storage as a Service
By Application	Database Management and Quality Control Systems Application Program Interferes (APIs) development Others
By Type of Deployment	Public Cloud Private Cloud Hybrid Cloud
By End-user Industry	Manufacturing FMCG Oil and Gas Services Others

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of data protection as a service is assessed at USD 34.33 billion.

Data Protection as a Service (DPaaS) Market size was valued at USD 27.92 billion in 2023 and is expected to reach USD 742.06 billion by 2036, registering around 28.7% CAGR during the forecast period i.e., between 2024-2036.

North America industry is set to hold largest revenue share by 2036, propelled by growing requirement to tackle data thefts of the intellectual property of the industries in the region.

The major players in the market are Amazon Web Services, Inc., Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Quantum Corporation, Dell Inc., VMware, Inc, Veritas Technologies LLC., Commvault, Carbonite, Inc., and others.

Data Protection as a Service (DPaaS) Market Analysis